Platform Update

LendAPI Platform Update v2.5.0

LendAPI Platform Update v2.5.0

Sep 25, 2024

A few days ago we alluded to our 250th release. We get a collective chill when we think about this incredible journey we are on since we launched almost 7 months ago.

LendAPI Platform Update - v2.5.0
LendAPI Platform Update - v2.5.0

So, what’s in v2.5.0? Our hearts and souls of course. But in code, we achieved a major milestone and implemented a brand new applicant presentation layer. In other words, when you press the Launch button, the applicant is now built on a brand new code base with the latest UI technology. 

So what does it really mean? For our clients, their clients (consumer or small business applicants) will have the most robust application experience and it’s fully mobile friendly. For LendAPI, we can build so much more flexibility on top of this new presentation layer code base.

The amount of features we will release based on this new presentation layer is almost infinite. It will help us to deploy features even faster. Maybe we will launch a new private labeled mobile application in the near future.

Looking ahead into our next 10 releases, you will see a brand new platform wide UI uplift. We will add some incredible features into our decision engine and rules builder to make our chief credit officers, chief risk officers and risk management professionals even happier. Lastly, we will work on more embedded finance features so you can launch your own BNPL everywhere.

We also pulled “Pricing” out underneath the Resources drop down on our website.  

Send your love to info@lendapi.com as usual and say hi on our social media pages. Here’s what’s really happening in v2.5.0  

Overall Platform Updates

  • We implemented an entirely new architecture for the presentation layer. The presentation layer is what the applicant experiences when you launch your new product built by the Product Builder. This new code base will give LendAPI more flexibility to create additional features in future releases. This is now available in v2.5.0 

Product Studio 

  • No changes

Rules Studio

  • No changes

Pricing Engine

  • No changes

Reports Studio

  • No changes

Sub-Tenant Admin Features

  • No changes

Integration Partners

  • We added a few more attributes from Pave.dev to assist one of our common customers. This is released in v2.5.0

About LendAPI

LendAPI is the only digital onboarding platform for banks with a suite of Product Studio, Rules Studio, Pricing Engine, Integration Marketplace and Variable Library all working in concert on one platform. Follow us on Linkedin, X, YouTube and our “Two Minute Demo Video!